SDMarik

Time for USDCAD to collapse

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
1
USDCAD is fresh off of highs it has not seen in 13 years. If oil keeps on its nosedive you can expect the dollar to go with it. Oil aside, if the market experiences a sizeable correction this year (that seems to be inevitable) the dollar will crumble, with a longer term short set up like this already in place expect a rough few months for the dollar.

Watch your longs! ride your shorts to the bank!
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